Sold Cottage

OLGRA

VICTORIA STREET, BANGOR, GWYNEDD LL57 2HD

2 beds 1 baths 398 sq ft Listed 27 Feb 2022 (-1578d)

£120,000

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# 2 bedroom cottage for sale (LL57 2HD)

## Property Details

| Key | Value |
|-----|-------|
| Address | OLGRA, VICTORIA STREET, BANGOR, GWYNEDD LL57 2HD |
| Price | £120,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1900-1929 |
| Floor area | 37 m² |
| Last sold | £70,000 Dec 2020 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Expiry date:** 15/12/2034
- **Est. upgrade cost to C:** £15,500

### Recommendations
- W2 (£4,000 - £6,000)
- N (£4,000 - £6,000)
- X (£1,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9320-2336-5420-2194-3511)

## Description

A charming detached cottage located in the convenient Upper Bangor district of the City. Located a stones throw away from the main university buildings, the city centre is also only a short journey away. This 2 bedroom property would make the ideal first time buy or investment opportunity.

## Property Photos

- ![Front External](/listings/photos/120424061/729528) - Front External
- ![Lounge](/listings/photos/120424061/729532) - Lounge
- ![Kitchen](/listings/photos/120424061/729542) - Kitchen
- ![Shower Room](/listings/photos/120424061/729546) - Shower Room
- ![Bedroom 1](/listings/photos/120424061/729550) - Bedroom 1
- ![Bedroom 2](/listings/photos/120424061/729556) - Bedroom 2
- ![Side External](/listings/photos/120424061/729564) - Side External

## Floorplans

- ![Floorplan 1](/listings/photos/120424061/729565) - Floorplan 1
- ![Floorplan 2](/listings/photos/120424061/729571) - Floorplan 2

## EPC Graphs

- ![Energy Perform...](/listings/photos/120424061/729580) - Energy Perform...

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| OLGRA VICTORIA STREET, BANGOR, GWYNEDD, LL57 2HD | £70,000 | 18/12/2020 | Detached |
| OLGRA VICTORIA STREET, BANGOR, GWYNEDD, LL57 2HD | £55,000 | 23/05/2017 | Detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| TALGARTH HWFA ROAD, BANGOR, GWYNEDD, LL57 2BN | £675,000 | 20/11/2023 | Detached |
| TY DDEWI THE CRESCENT, BANGOR, GWYNEDD, LL57 2AB | £245,000 | 05/09/2022 | Detached |

**Area average:** £460,000 (2 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £358,563 (8 Detached, LL57, 2024–2026)
- **Deviation:** -66.5%

## Rental Range

*ONS Price Index of Private Rents (Gwynedd). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £637/mo
- **Realistic:** £708/mo
- **Optimistic:** £779/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Terraced House, Vron Square, LL57 | £800/mo | 2 | 0.11 miles | OpenRent |
| 2 Bed Terraced House, Vron Square, LL57 | £825/mo | 2 | 0.11 miles | OpenRent |

**Average rent: £813/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.68% (weak for cashflow)
- **Max investor price (0.8%):** £101,625
- **Target investor price (1%):** £81,300

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £813/mo).*

- **Gross yield:** 8.1%
- **Cost-to-rent:** 12.3×
- **Monthly cashflow:** £234/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 8.1%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £3,243/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 43.5%
- **10y growth:** 55.8%

## House Price Index (HM Land Registry)

*Official index for Gwynedd; Detached series; as of March 2026.*

- **1y growth (index):** 3.1%
- **5y growth (index):** 18.2%
- **10y growth (index):** 41.5%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Front External Lounge Kitchen Shower Room Bedroom 1 Bedroom 2 Side External

/ 7

Property details

Tenure

FREEHOLD

Floor area

37 m²

EPC rating

Year built

England and Wales: 1900-1929

Last sold

£70,000 Dec 2020

Price per m²

£3,243/m²

Local average

£358,563 (-66.5%)

Street crime

210 incidents within 1 mile (Apr 2026)

Key features

A Detached Charming Cottage
Ground Floor Lounge & Kitchen
2 First Floor Bedrooms & Shower Room
Side Yard & On Street Parking
Convenient Upper Bangor Location
EPC E

Additional details

Garden: Yes

Description

Listed by

Bangor

Williams & Goodwin The Property People

Reference: 120424061

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: B

Inspection date: 16/12/2024

Expiry date: 15/12/2034

Est. upgrade cost to C: £15,500

EPC D or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Floor insulation (solid floor) (£4,000 - £6,000)
Solar water heating (£4,000 - £6,000)
High performance external doors (£1,000)
Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 2

EPC Graphs

Energy Perform...

Price history

27% since 2017

Event	Date	Price	% change
Sold	18/12/2020 (5 years ago)	£70,000	+27.3%
Sold	23/05/2017 (9 years ago)	£55,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
TALGARTH HWFA ROAD, BANGOR, GWYNEDD, LL57 2BN	£675,000	20/11/2023	Detached
TY DDEWI THE CRESCENT, BANGOR, GWYNEDD, LL57 2AB	£245,000	05/09/2022	Detached

Area average: £460,000 (2 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 43.5%

10y growth 55.8%

House Price Index (HM Land Registry — official index, not sold-price averages): Gwynedd. Series: Detached. As of March 2026.

1y (index) 3.1%

5y (index) 18.2%

10y (index) 41.5%

Rental Range

Estimated market rent for Gwynedd. Low = conservative, Realistic = average, Optimistic = best case.

Low £637/mo

Realistic £708/mo

Optimistic £779/mo

Based on Local Authority from postcode lookup → Gwynedd.

Location

Map view View on Google Maps View on OpenStreetMap Street View LL57 2HD

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Traditional Thai Massage	0.0 miles
Shop	Zig Zags	0.1 miles
Bus stop	Unknown	0.1 miles
Bus stop	Bangor Morrisons	0.2 miles
Train station	Bangor	0.4 miles
Train station	Llanfairpwll	3.1 miles
Hospital	Ysbyty Cefni	7.3 miles

Street-level crime

Category	Count
Violence and sexual offences	52
Anti-social behaviour	39
Shoplifting	34
Public order	19
Criminal damage and arson	17
Vehicle crime	12
Burglary	11
Other theft	10
Drugs	7
Other crime	4
Possession of weapons	3
Bicycle theft	1
Theft from the person	1
Total incidents	210

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Bangor Centre for Developmental Disabilities	Other	0.3 miles	— (No rating)
Ysgol Y Garnedd	Other	0.3 miles	— (No rating)
St Gerards School Trust	Other	0.3 miles	— (No rating)
Bangor Independent School	Other	0.4 miles	— (No rating)
Ysgol Ein Harglwyddes	Other	0.5 miles	— (No rating)

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed Terraced House, Vron Square, LL57	£800/mo	2	0.11 miles	OpenRent
2 Bed Terraced House, Vron Square, LL57	£825/mo	2	0.11 miles	OpenRent

Average rent: £813/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.68%

Max investor price (0.8%) £101,625

Target investor price (1%) £81,300

Gross yield 8.1%

Cost-to-rent ratio 12.3×

Monthly cashflow £234/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 8.1%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).